18 May ALL THE RELEVANT NEWS: WEDNESDAY
🌎Nigeria to invest more in infrastructure and other facilities for safe, secure, environmentally friendly and sustainable civil aviation, according to President Buhari. He spoke Tuesday while receiving the Secretary-General of the International Civil Aviation Organisation (ICAO), Juan Carlos Salazar, at the State House, Abuja.
🌎African Export-Import Bank (Afreximbank) has signed a deal with the African Petroleum Producers Organisation (APPO) for the creation of an energy bank to cater to the energy needs of the continent as a result of declining global investment in the oil and gas sector.
🌎Oil prices edged up on Wednesday on expectations that easing COVID-19 restrictions in China will push up demand and as industry data showed drawdowns in U.S crude inventories. Brent crude was up 23 cents, or 0.2%, at $112.16 a barrel at 0633 GMT.
🌎FG has told Facebook and other social media platforms to stop allowing the Indigenous People of Biafra from using their platforms to allegedly incite violence and instigate ethnic hatred in Nigeria.
🌎VP Osinbajo has said that “We must create a country that works for us all – a peaceful and secure society founded on law and order and the rule of law; a society that enables commerce and values productivity, so that large and small businesses can grow and provide jobs and opportunities for millions of young people, a society where no one is left behind.” He spoke when he was formally honoured with the award for Leadership Person of the Year 2021 at the Leadership Newspapers’ Annual Conference and Awards ceremony in Abuja.
🌎Seplat Energy Plc has been commended by the Federal Government for leading the charge to reduce Nigeria’s carbon count with an initiative to plant five million trees in the next five years.
🌎EFCC has arrested and detained a former Speaker of the House of Representatives, Patricia Etteh, over alleged contract fraud.
🌎The United Bank for Africa has announced the expansion of the services of Leo, its Artificial Intelligence chatbot to Google Business Chat and Instagram.
🌎2023 Politics: President of the African Development Bank, Akinwunmi Adesina, has withdrawn from the 2023 presidential race because his “current responsibility as the president of the regional bank won’t make him available to contest Nigeria’s presidency.” A support group purchased and submitted the N100m Presidential form of the All Progressives Congress for him last week.
* Asiwaju Bola Ahmed Tinubu, has vowed not to retire from politics until he actualises his dream of becoming the President of Nigeria.
🌎Security Stories: Gunmen have written letters to nine local government areas in Anambra State to be attacked soon. The councils are Ihiala, Aguata, Nnewi South, Awka North, Awka South, Idemili North, Idemili South, Orumba South, Orumba North and Anambra East.
* Bandits on Tuesday evening reportedly abducted scores of passengers in an operation that lasted almost an hour on the Abuja-Kaduna highway.
🌎Russia-Ukraine War: Talks between Russia and Ukraine to end the war are on hold, both sides confirm. Russia says Ukraine has “practically withdrawn” from the negotiations, while Kyiv blames Moscow for failing to compromise.
*Finland and Sweden formally applied to join NATO on Wednesday, prompted by Russia’s invasion of Ukraine and triggering one of the most significant changes in Europe’s security architecture in decades.
* Ukraine is working on the next stages of the operation to evacuate soldiers from the Azovstal steelworks in Mariupol. More than 260 fighters – some badly wounded – were taken to Russian-controlled territory late on Monday
* Elsewhere, eight people have died after Russian missiles hit a village near the north-eastern city of Chernihiv, Ukrainian officials say
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